Topic:  Newsletter Articles

"We guarantee No. 1 placement on search engines - or your money back!"   Read more...

Loan servicers submit Fannie Mae form 975 when a homeowner in Chapter 13 (payment plan) bankruptcy petitions the bankruptcy court to reduce his mortgage balance because the property value is smaller than the outstanding balance. In a time of 125 percent LTV loans, mortgage fraud, second mortgages and (some say) a possible "home price bubble," you might expect this form to get a good workout in the near future.   Read more...

If you've been using the Mercury Network to order appraisals from our nationwide network of real estate appraisers, you may have noticed a few changes last week. That's because we officially flipped the switch to change the Mercury Network over to the new XSites Network, making your life considerably easier.   Read more...

You know that networking exposes your business to more potential clients. Why not take the concept of networking onto your XSite? Create a referral network page by swapping links with agents, appraisers, other mortgage brokers and even other businesses in your community. Not only will it expose your business to more new prospects, your site will also get better rankings on search engines and, likely, more traffic.   Read more...

A few weeks ago, we announced several new updates to your Agent XSites, which included new features on your listing directory pages to give your listings a little more "oomph!" This week we launched a new shared listings feature that allows you to show your customers' listings on other agents' websites in addition to your own.   Read more...

Do you know real estate agents in other cities? Why not add a referral page on your site and swap links with other agents' websites? Not only will you get better rankings on search engines, you'll likely get more traffic to your site.   Read more...

In a perfect world, where appraisers and mortgage brokers skipped down the street together handing daisies out to passers by, collections wouldn't be an issue. "Collections" would in fact mean stamps, or Beanie Babies, or maybe your prized full catalog of James Taylor LPs.   Read more...

Client pressure is arguably the biggest issue residential appraisers face. The recent Responsible Lending Act, bill H.R.1295, introduced in the House of Representatives last month (see our March 29 item), includes some marginal steps to curb it. We are enthused that a predatory lending and mortgage fraud bill covers client pressure on appraisers at all, and advocates deserve praise for getting a foot in the door.   Read more...

We're flipping the switch today (if it were only that simple!) and transitioning the Mercury Network over to our XSites Network system. This is going to mean some very positive changes.   Read more...

You know the old adage: A satisfied customer will tell two people, but an angry customer will tell everyone he or she knows. The lucrative referral business you receive is highly dependent on the experience your clients have with their mortgage transaction. One of the easiest ways to find out whether your client had a good experience is to ask them to fill out customer satisfaction survey after their loan transaction. A survey not only helps you sharpen your skills as a mortgage broker, it also shows your clients you care about improving your business.   Read more...